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FT Schools competition: Young Economist of the Year

royal economics society essay competition 2021

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

This article is part of the Financial Times free schools access programme. Details/registration  here .

School students across the UK in years 12 and 13 are invited to enter the Young Economist of the Year competition run by the Royal Economic Society in association with the Financial Times. 

Applicants — who need not be studying economics — have until July 25 to write up to 1,000 words on one of the five questions picked for this year.

The winning article will be published in the Financial Times and on the RES website and the author will receive £1,000, with £200 for each of the runners up. 

Entries will be judged on originality, quality of writing, economic content and quality of the economic argument. 

The five questions are:

When, if ever, is it a good idea for central banks to set interest rates below zero? 

How is Brexit going to change the economic geography of the UK?

Will the legacy of Covid-19 be an economically more unequal world?

Technological change means that the wage gap between the skilled and unskilled will simply keep growing. Do you agree with this assessment? 

We will fail to address climate change because Covid-19 showed we are unable to muster a concerted global response to common crises. Do you agree?

The competition is part of the  FT’s schools programme , which provides free access to the FT for students aged 16-19, their teachers and schools around the world.

Supporting ideas and data for entrants can be found in the FT. Full details and information on submission are available on the  RES competition website .

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International Edition

royal economics society essay competition 2021

The Monetary Policy Essay Prize .

The Monetary Policy Essay Prize 2023-4. By the Institute of Economic Affairs, the Institute of International Monetary Research, and the Vinson Centre What causes high inflation, and is the Bank of England responsible for the current inflation episode? If so, how would you make it more accountable?   The Submission and Style Requirements Entries should be no longer than 2,500 words long. Entries should include a bibliography and Harvard style referencing. References will count towards the word total, but the bibliography will not. The text should be double spaced, on A4 pages, in Arial size 12 font. How to Enter This year, the Monetary Policy Essay Prize will be divided into two separate competitions, the first for sixth formers , the second for undergraduates . The competitions are  free to enter, and open to both  UK and non-UK residents. However, all entrants must be able to attend the semi-finals and final in person in order to compete. Entries for the 2024 competition closed on 26 January 2024. Logistics The entries will be reviewed by a panel of judges, and the top entries will be invited to semi-finals at the Vinson Centre at the University of Buckingham in February 2024. The top participants from the semi-finals will then be invited to the final at the Institute of Economic Affairs in London in March 2024. Prizes For Sixth Form competition, £1,000 will be awarded to first prize, and £500 each to two runners up. For the Undergraduate competition, £2,000 will be awarded to first prize, and £1,000 each to two runners up. The entries will be judged on the criteria of knowledge and understanding of the economic issues raised by the challenge, use of resources, the quality and clarity of the argument and analysis presented, and the degree of originality and insight displayed. They will not be judged on the basis of adherence to a particular perspective regardless of quality or the other considerations set out. About IIMR The purpose of the Institute of International Monetary Research is to demonstrate and bring to public attention the strong relationship between the quantity of money on the one hand, and the levels of national income and expenditure on the other. The Institute – which is associated with the University of Buckingham in England – was set up in 2014, in the aftermath of the Great Financial Crisis (a.k.a., “the Great Recession”) of 2007 – 2009. It is an educational charity. About IEA The IEA is the UK’s original free-market think-tank, founded in 1955. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. As part of this, the IEA runs an extensive student outreach programme including internships, summer schools, seminars and competitions. The IEA is an educational charity (No CC 235 351) and independent research institute limited by guarantee. Ideas and policies produced by the Institute are freely available from our website. The Institute is entirely independent of any political party or group, and is entirely funded by voluntary donations from individuals, companies and foundations. About the Vinson Centre The Vinson Centre for the public understanding of economics and entrepreneurship is a space for research and knowledge exchange at the University of Buckingham where individuals and teams come together to pursue exciting projects in novel ways. 2023 Winners On 22nd March 2023 we ran the final for the fifth year of our Monetary Policy Essay Prize in conjunction with the Institute of International Monetary Research and the Vinson Centre. The competition was won by Rory Middlemiss of Abingdon School. Guari Khanna and David Zhan Zou came in as the two runners up.

The IEA is an educational charity and free market think tank .

Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of the markets in solving economic and social problems.

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Essay Competition

 “the ideas of economists… both when they are right and when they are wrong, are more powerful than is commonly understood… indeed the world is ruled by little else” ,     j. m. keynes (general theory, 1936), essay competition 2023.

We received over 750 eligible submissions this year, with each one being hand-read and marked by our panellists at the University of Cambridge. Overall, we were thoroughly impressed by the quality of the responses to some of the most challenging questions in the competition’s history. We would like to thank every student that submitted an essay this year, and extend our warmest congratulations to the winners and shortlisted essays named below.

We are delighted to announce that the winner of the 2023 Marshall Society Essay Competition is David Lu of Raffles Institution, Singapore. David’s essay in response to Question 4 deftly balanced advanced economic theories with real-world data, clear explanations, and rhetorical flair, and was a pleasure to read. We look forward to publishing it in the forthcoming issue of The Dismal Scientist , the magazine of the Marshall Society, and awarding our top prize of £50.

In 2nd place is You Peng of Shenzhen College of International Education, China. Peng’s essay in response to Question 2 was theoretically advanced and well structured, and we would’ve liked to see even more real-world application. It will likewise be published and receive a finalist prize of £25.

In 3rd place is Hanyun Qian of Suzhou Foreign Language School, China. Hanyun’s essay in response to Question 5 was extremely original, insightful, and entertaining to read, and we would’ve liked to see an even tighter focus on the question set. It will likewise be published and receive a finalist prize of £25.

Our shortlisted essays, in no particular order, were as follows:

To everyone that took part in the competition, thank you for the time and care spent in preparing your essay, and all the best for your future studies. We hope you’re looking forward to the 2024 edition of the essay competition.

A reminder of the essay questions set this year is as follows:

  • In what ways could Artificial Intelligence reshape the labour market? Will it usher in Keynes’ ‘age of leisure’?
  • ‘Policymakers can’t exploit the Phillips curve to reduce unemployment due to the Lucas critique.’ Evaluate this statement.
  • The US Federal Child Tax Credit is scheduled to revert from $2,000 to $1,000 by 2025. Is this policy a mistake?
  • Tensions between the US and China have been steadily increasing. Is it in the US’ interest to decouple from China economically?
  • ‘There were no meaningful long-run changes in living standards until the Industrial Revolution.’ Discuss.
  • Has Economics run out of big new ideas? If so, what are the implications? If not, justify with an example.

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THE QUEEN'S COMMONWEALTH ESSAY COMPETITION

Since 1883, we have delivered The Queen's Commonwealth Essay Competition, the world's oldest international schools' writing competition. Today, we work to expand its reach, providing life-changing opportunities for young people around the world.

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MEET THE WINNERS 

In 2023 we were delighted to receive a record-breaking 34,924 entries, with winners from India and Malaysia. Read their winning pieces as well as those from previous years.

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140 years of The Queen’s Commonwealth Essay Competition

The Queen’s Commonwealth Essay Competition (QCEC) is the world’s oldest international writing competition for schools and has been proudly delivered by the Royal Commonwealth Society since 1883. 

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ABOUT THE COMPETITION 

An opportunity for young Commonwealth citizens to share their thoughts, ideas and experiences on key global issues and have their hard work and achievement celebrated internationally.

royal economics society essay competition 2021

MAS-ESS Essay Competition 2021 Winners

28 April 2021 12:00:00 AM

royal economics society essay competition 2021

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Source: K. Marx, A Contribution to the Critique of Political Economy , Progress Publishers, Moscow, 1977, with some notes by R. Rojas.

The economic conditions of existence of the three great classes into which modern bourgeois society is divided are analysed under the first three headings; the interconnection of the other three headings is self-evident. The first part of the first book, dealing with Capital, comprises the following chapters: 1. The commodity, 2. Money or simple circulation; 3. Capital in general. The present part consists of the first two chapters. The entire material lies before me in the form of monographs, which were written not for publication but for self-clarification at widely separated periods; their remoulding into an integrated whole according to the plan I have indicated will depend upon circumstances. A general introduction, which I had drafted, is omitted, since on further consideration it seems to me confusing to anticipate results which still have to be substantiated, and the reader who really wishes to follow me will have to decide to advance from the particular to the general. A few brief remarks regarding the course of my study of political economy are appropriate here. Although I studied jurisprudence, I pursued it as a subject subordinated to philosophy and history. In the year 1842-43, as editor of the Rheinische Zeitung, I first found myself in the embarrassing position of having to discuss what is known as material interests. The deliberations of the Rhenish Landtag on forest thefts and the division of landed property; the official polemic started by Herr von Schaper, then Oberprasident of the Rhine Province, against the Rheinische Zeitung about the condition of the Moselle peasantry, and finally the debates on free trade and protective tariffs caused me in the first instance to turn my attention to economic questions. On the other hand, at that time when good intentions “to push forward” often took the place of factual knowledge, an echo of French socialism and communism, slightly tinged by philosophy, was noticeable in the Rheinische Zeitung. I objected to this dilettantism, but at the same time frankly admitted in a controversy with the Allgemeine Augsburger Zeitung that my previous studies did not allow me to express any opinion on the content of the French theories. When the publishers of the Rheinische Zeitung conceived the illusion that by a more compliant policy on the part of the paper it might be possible to secure the abrogation of the death sentence passed upon it, I eagerly grasped the opportunity to withdraw from the public stage to my study. The first work which I undertook to dispel the doubts assailing me was a critical re-examination of the Hegelian philosophy of law; the introduction to this work being published in the Deutsch-Franzosische Jahrbucher issued in Paris in 1844. My inquiry led me to the conclusion that neither legal relations nor political forms could be comprehended whether by themselves or on the basis of a so-called general development of the human mind, but that on the contrary they originate in the material conditions of life, the totality of which Hegel, following the example of English and French thinkers of the eighteenth century, embraces within the term “civil society”; that the anatomy of this civil society, however, has to be sought in political economy. The study of this, which I began in Paris, I continued in Brussels, where I moved owing to an expulsion order issued by M. Guizot. The general conclusion at which I arrived and which, once reached, became the guiding principle of my studies can be summarised as follows.

In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely relations of production appropriate to a given stage in the development of their material forces of production. The totality of these relations of production constitutes the economic structure of society, the real foundation, on which arises a legal and political superstructure and to which correspond definite forms of social consciousness. The mode of production of material life conditions the general process of social, political and intellectual life. It is not the consciousness of men that determines their existence, but their social existence that determines their consciousness. At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or – this merely expresses the same thing in legal terms – with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters. Then begins an era of social revolution. The changes in the economic foundation lead sooner or later to the transformation of the whole immense superstructure.

In studying such transformations it is always necessary to distinguish between the material transformation of the economic conditions of production, which can be determined with the precision of natural science, and the legal, political, religious, artistic or philosophic – in short, ideological forms in which men become conscious of this conflict and fight it out. Just as one does not judge an individual by what he thinks about himself, so one cannot judge such a period of transformation by its consciousness, but, on the contrary, this consciousness must be explained from the contradictions of material life, from the conflict existing between the social forces of production and the relations of production. No social order is ever destroyed before all the productive forces for which it is sufficient have been developed, and new superior relations of production never replace older ones before the material conditions for their existence have matured within the framework of the old society.

Mankind thus inevitably sets itself only such tasks as it is able to solve, since closer examination will always show that the problem itself arises only when the material conditions for its solution are already present or at least in the course of formation. In broad outline, the Asiatic, ancient, [A] feudal and modern bourgeois modes of production may be designated as epochs marking progress in the economic development of society. The bourgeois mode of production is the last antagonistic form of the social process of production – antagonistic not in the sense of individual antagonism but of an antagonism that emanates from the individuals' social conditions of existence – but the productive forces developing within bourgeois society create also the material conditions for a solution of this antagonism. The prehistory of human society accordingly closes with this social formation. Frederick Engels, with whom I maintained a constant exchange of ideas by correspondence since the publication of his brilliant essay on the critique of economic categories (printed in the Deutsch-Franz�sische Jahrb�cher, arrived by another road (compare his Lage der arbeitenden Klasse in England ) at the same result as I, and when in the spring of 1845 he too came to live in Brussels, we decided to set forth together our conception as opposed to the ideological one of German philosophy, in fact to settle accounts with our former philosophical conscience. The intention was carried out in the form of a critique of post-Hegelian philosophy. The manuscript [The German Ideology], two large octavo volumes, had long ago reached the publishers in Westphalia when we were informed that owing to changed circumstances it could not be printed. We abandoned the manuscript to the gnawing criticism of the mice all the more willingly since we had achieved our main purpose – self-clarification. Of the scattered works in which at that time we presented one or another aspect of our views to the public, I shall mention only the Manifesto of the Communist Party, jointly written by Engels and myself, and a Discours sur le libre echange, which I myself published. The salient points of our conception were first outlined in an academic, although polemical, form in my Misere de la philosophie ..., this book which was aimed at Proudhon appeared in 1847. The publication of an essay on Wage-Labour [Wage-Labor and Capital] written in German in which I combined the lectures I had held on this subject at the German Workers' Association in Brussels, was interrupted by the February Revolution and my forcible removal from Belgium in consequence. The publication of the Neue Rheinische Zeitung in 1848 and 1849 and subsequent events cut short my economic studies, which I could only resume in London in 1850. The enormous amount of material relating to the history of political economy assembled in the British Museum, the fact that London is a convenient vantage point for the observation of bourgeois society, and finally the new stage of development which this society seemed to have entered with the discovery of gold in California and Australia, induced me to start again from the very beginning and to work carefully through the new material. These studies led partly of their own accord to apparently quite remote subjects on which I had to spend a certain amount of time. But it was in particular the imperative necessity of earning my living which reduced the time at my disposal. My collaboration, continued now for eight years, with the New York Tribune, the leading Anglo-American newspaper, necessitated an excessive fragmentation of my studies, for I wrote only exceptionally newspaper correspondence in the strict sense. Since a considerable part of my contributions consisted of articles dealing with important economic events in Britain and on the continent, I was compelled to become conversant with practical detail which, strictly speaking, lie outside the sphere of political economy. This sketch of the course of my studies in the domain of political economy is intended merely to show that my views – no matter how they may be judged and how little they conform to the interested prejudices of the ruling classes – are the outcome of conscientious research carried on over many years. At the entrance to science, as at the entrance to hell, the demand must be made: Qui si convien lasciare ogni sospetto Ogni vilta convien che qui sia morta.

A. As a second footnote to the Communist Manifesto, Engels wrote in 1888:

In 1847, the pre-history of society, the social organization existing previous to recorded history, [was] all but unknown. Since then, August von Haxthausen (1792-1866) discovered common ownership of land in Russia, Georg Ludwig von Maurer proved it to be the social foundation from which all Teutonic races started in history, and, by and by, village communities were found to be, or to have been, the primitive form of society everywhere from India to Ireland. The inner organization of this primitive communistic society was laid bare, in its typical form, by Lewis Henry Morgan's (1818-1861) crowning discovery of the true nature of the gens and its relation to the tribe. With the dissolution of the primeval communities, society begins to be differentiated into separate and finally antagonistic classes. I have attempted to retrace this dissolution in The Origin of the Family, Private Property, and the State , second edition, Stuttgart, 1886.

Thus, as the science of understanding pre-history progressed (pre-history being that time before written records of human civilization exist), Marx & Engels changed their understanding and descriptions accordingly. In the above text, Marx mentions “Asiatic” modes of production. In the idea of an Asiatic mode of production, Marx and Engels were following Hegel’s schema, see: The Oriental Realm ). They later dropped the idea of a distinctive Asiatic mode of production, and kept four basic forms: tribal, ancient, feudal, and capitalist.

Next: I. The Commodity

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Prizewinners

In this section, you will find all necessary information about the past Prizewinners of the Competition including the full list of laureates from the XV International Tchaikovsky Competition.

A life-changing experience

There is no doubt that winning a prize at the International Tchaikovsky Competition helps a career in an incomparable way. Most of the Competition's past prizewinners have gone on to become worldwide stars. The most iconic example is probably that of Van Cliburn.

Excerpt from Van Cliburn, Concert Pianist, a film by Peter Rosen : Van Cliburn returns from Moscow with a Gold Medal (1958). Watch the documentary on medici.tv .

XV International Tchaikovsky Competition: The Laureates

  • Dmitry Masleev, First Prize
  • Lukas Geniušas, Second Prize
  • George Li, Second Prize
  • Daniel Kharitonov, Third Prize
  • Sergey Redkin, Third Prize
  • Lucas Debargue, Fourth Prize
  • Yu-Chien Tseng, Second Prize
  • Alexandra Conunova, Third Prize
  • Haik Kazazyan, Third Prize
  • Pavel Milyukov, Third Prize
  • Clara-Jumi Kang, Fourth Prize
  • Bomsori Kim, Fifth Prize
  • Andrei Ionuț Ioniță, First Prize
  • Alexander Ramm, Second Prize
  • Alexander Buzlov, Third Prize
  • Pablo Ferrández-Castro, Fourth Prize
  • Seung Min Kang, Fifth Prize
  • Jonathan Roozeman, Sixth Prize
  • Yulia Matochkina, First Prize
  • Svetlana Moskalenko, Second Prize
  • Mane Galoyan, Third Prize
  • Antonina Vesenina, Fourth Prize
  • Ariunbaatar Ganbaatar, First Prize
  • Chuanyue Wang, Second Prize
  • Hansung Yoo, Third Prize
  • Dmitry Grigoriev, Fourth Prize

Past prizewinners of the International Tchaikovsky Competition since 1958: full list

  • 1st Prize: Van Cliburn (USA)
  • 2nd Prize: Lev Vlassenko (USSR) and Liu Shih-kun (China)
  • 3rd Prize: Naum Shtarkman (USSR)
  • 1st Prize: Vladimir Ashkenazy (USSR) and John Ogdon (United Kingdom)
  • 2nd Prize: Susan Starr (USA) and Yin Chengzong (China)
  • 3rd Prize: Eliso Virsaladze (USSR)
  • 1st Prize: Grigory Sokolov (USSR)
  • 2nd Prize: Misha Dichter (USA)
  • 3rd Prize: Victor Eresko (USSR)
  • 1st Prize: Vladimir Krainev (USSR) and John Lill (UK)
  • 2nd Prize: Horacio Gutiérrez (Cuba)
  • 3rd Prize: Arthur Moreira Lima (Brazil) and Viktoria Postnikova (USSR)
  • 1st Prize: Andrei Gavrilov (USSR)
  • 2nd Prize: Stanislav Igolinsky (USSR)
  • 3rd Prize: Youri Egorov (USSR)
  • 1st Prize: Mikhail Pletnev (USSR)
  • 2nd Prize: Pascal Devoyon (France) and André Laplante (Canada)
  • 3rd Prize: Nikolai Demidenko (USSR) and Evgeny Ryvkin (USSR)
  • 1st Prize: Not awarded
  • 2nd Prize: Peter Donohoe (UK) and Vladimir Ovchinnikov (USSR)
  • 3rd Prize: Mitie Koyama (Japan)
  • 1st Prize: Barry Douglas (UK)
  • 2nd Prize: Natalia Trull (USSR)
  • 3rd Prize: Irina Plotnikova (USSR)
  • 1st Prize: Boris Berezovsky (USSR)
  • 2nd Prize: Vladimir Mischouk (USSR)
  • 3rd Prize: Kevin Kenner (USA), Johan Schmidt (Germany) and Anton Mordasov (USSR)
  • 2nd Prize: Nikolai Lugansky (Russia)
  • 3rd Prize: Vadim Rudenko (Russia) and HaeSun Paik (China)
  • 1st Prize: Denis Matsuev (Russia)
  • 2nd Prize: Vadim Rudenko (Russia)
  • 3rd Prize: Freddy Kempf (UK)
  • 1st Prize: Ayako Uehara (Japan)
  • 2nd Prize: Alexei Nabiulin (Russia)
  • 3rd Prize: Tszyuy Tszin (China) and Andrey Ponochevny (Russia)
  • 2nd Prize: Miroslav Kultyshev (Russia)
  • 3rd Prize: Alexander Lubyantsev (Russia)
  • 1st Prize: Daniil Trifonov (Russia)
  • 2nd Prize: Yeol Eum Son (South Korea)
  • 3rd Prize: Seong-Jin Cho (South Korea)
  • 1st Prize: Valery Klimov (USSR)
  • 2nd Prize: Victor Pikaizen (USSR)
  • 3rd Prize: Ştefan Ruha (Romania)
  • 1st Prize: Boris Gutnikov (USSR)
  • 2nd Prize: Shmuel Ashkenasi (Israel) and Irina Bochkova (USSR)
  • 3rd Prize: Nina Beilina (USSR) and Yoko Kubo (Japan)
  • 1st Prize: Viktor Tretiakov (USSR)
  • 2nd Prize: Masuko Ushioda (Japan) and Oleg Kagan (USSR)
  • 3rd Prize: Yoko Sato (Japan) and Oleh Krysa (USSR)
  • 1st Prize: Gidon Kremer (USSR)
  • 2nd Prize: Vladimir Spivakov (USSR) and Mayumi Fujikawa (Japan)
  • 3rd Prize: Liana Isakadze (USSR)
  • 2nd Prize: Eugene Fodor (USA), Ruben Agaronyan (USSR) and Rusudan Gvasaliya (USSR)
  • 3rd Prize: Marie-Annick Nicolas (France) and Vanya Milanova (Bulgaria)
  • 1st Prize: Ilya Grubert (USSR) and Elmar Oliveira (USA)
  • 2nd Prize: Mihaela Martin (Romania) and Dylana Jenson (USA)
  • 3rd Prize: Irina Medvedeva (USSR)
  • 1st Prize: Viktoria Mullova (USSR) and Sergey Stadler (USSR)
  • 2nd Prize: Tomoko Kato (Japan) 
  • 3rd Prize: Stephanie Chase (USA) and Andres Cardenes (USA)
  • 1st Prize: Ilya Kaler (USSR) and Raphaël Oleg (France)
  • 2nd Prize: Xue Wei (China) and Maxim Fedotov (USSR)
  • 3rd Prize: Jane Peters (Australia)
  • 1st Prize: Akiko Suwanai (Japan)
  • 2nd Prize: Evgeny Bushkov (USSR)
  • 3rd Prize: Alyssa Park (USA)
  • 2nd Prize: Anastasia Chebotareva (Russia) and Jennifer Koh (USA)
  • 3rd Prize: Graf Murzha (Russia), Marco Rizzi (Italy)
  • 1st Prize: Nikolai Savchenko (Russia)
  • 2nd Prize: Latica Honda-Rosenberg (Germany)
  • 3rd Prize: Ichun Pan (China)
  • 2nd Prize: Tamaki Kawakubo (Japan-USA) and Xi Chen (China)
  • 3rd Prize: Tatiana Samuil (Russia)
  • 1st Prize: Mayuko Kamio (Japan)
  • 2nd Prize: Nikita Boriso-Glebsky (Russia)
  • 3rd Prize: Yuki Manuela Janke (Germany)
  • 2nd Prize: Sergey Dogadin (Russia) and Itamar Zorman (Israel)
  • 3rd Prize: Jehye Lee (South Korea)
  • 1st Prize: Natalia Shakhovskaya (USSR)
  • 2nd Prize: Leslie Parnas (USA) and Valentin Feygin (USSR)
  • 3rd Prize: Natalia Gutman (USSR) and Mikhail Khomitser (USSR)
  • 1st Prize: Karine Georgian (USSR)
  • 2nd Prize: Stephen Kates (USA) and Arto Noras (Finland)
  • 3rd Prize: Kenichiro Yasuda (Japan) and Eleonora Testelets (USSR)
  • 1st Prize: David Geringas (USSR)
  • 2nd Prize: Victoria Yagling (USSR)
  • 3rd Prize: Ko Iwasaki (Japan)
  • 1st Prize: Boris Pergamenschikov (USSR)
  • 2nd Prize: Ivan Monighetti (USSR)
  • 3rd Prize: Hirofumi Kanno (Japan)
  • 1st Prize: Nathaniel Rosen (USA)
  • 2nd Prize: Mari Fudzivara (Japan) and Daniel Veis (Czechoslovakia)
  • 3rd Prize: Alexander Kniazev (USSR) and Alexander Rudin (USSR)
  • 1st Prize: Antonio Meneses (Brazil)
  • 2nd Prize: Alexander Rudin (USSR)
  • 3rd Prize: Georg Faust (Germany)
  • 1st Prize: Mario Brunello (Italy) and Kirill Rodin (USSR)
  • 2nd Prize: Suren Bagratuni (USSR) and Martti Rousi (Finland)
  • 3rd Prize: Sara Sant'Ambrogio (USA) and John Sharp (USA)
  • 1st Prize: Gustav Rivinius (Germany)
  • 2nd Prize: Françoise Groben (Luxemburg) and Alexander Kniazev (USSR)
  • 3rd Prize: Bion Tsang (USA) and Tim Hugh (UK)
  • 2nd Prize: Not awarded
  • 3rd Prize: Not awarded
  • 1st Prize: Denis Shapovalov (Russia)
  • 2nd Prize: Liwei Qin (Australia)
  • 3rd Prize: Boris Andrianov (Russia)
  • 2nd Prize: Johannes Moser (Germany)
  • 3rd Prize: Claudius Popp (Germany) and Alexander Chaushian (Armenia)
  • 1st Prize: Sergey Antonov (Russia)
  • 2nd Prize: Alexander Buzlov (Russia)
  • 3rd Prize: István Várdai (Hungary)
  • 1st Prize: Narek Hakhnazaryan (Russia)
  • 2nd Prize: Edgar Moreau (France)
  • 3rd Prize: Ivan Karizna (Bielorussia)
  • 1st Prize: Vladimir Atlantov (USSR)
  • 2nd Prize: Nikolai Okhotnikov (USSR)
  • 3rd Prize: Simon Estes (USA) and Konstantin Lisovsky (USSR)
  • 1st Prize: Jane Marsh (USA)
  • 2nd Prize: Veronica Tyler (USA) and Evelina Stoytseva (Bulgaria)
  • 1st Prize: Evgeny Nesterenko (USSR) and Nikolai Orgenich (USSR)
  • 2nd Prize: Vladislav Piavko (USSR) and Zurab Sotkilava (USSR)
  • 3rd Prize: Victor Trishin (USSR)
  • 1st Prize: Elena Obraztsova (USSR) and Tamara Sinyavskaya (USSR)
  • 3rd Prize: Evdokia Kolesnik (USSR)
  • 1st Prize: Ivan Ponomarenko (USSR)
  • 2nd Prize: Kolos Kováts (Hungary)
  • 3rd Prize: Anatoly Ponomarenko (USSR) and Vladimir Malchenko (USSR)
  • 2nd Prize: Lyudmila Sergiyenko (USSR), Stefka Evstatieva (Bulgaria) and Sylvia Sass (Hungary)
  • 3rd Prize: Galina Kalinina (USSR) and Tatiana Erastova (USSR)
  • 2nd Prize: Valentin Pivovarov (USSR) and Nikita Storojev (USSR)
  • 3rd Prize: Yuri Statnik (USSR)
  • 1st Prize: Lyudmila Shemchuk (USSR)
  • 2nd Prize: Lyudmila Nam (USSR)
  • 3rd Prize: Ewa Podleś (Poland) and Mariana Ciaromila (Romania)
  • 1st Prize: Paata Burchuladze (USSR)
  • 2nd Prize: Gegam Grigorian (USSR)
  • 3rd Prize: Vladimir Chernov (USSR)
  • 1st Prize: Lidiya Zabilyasta (USSR)
  • 2nd Prize: Khuraman Gasimova (USSR)
  • 3rd Prize: Dolora Zajick (USA)
  • 1st Prize: Alexander Morozov (USSR) and Grigory Gritsyuk (USSR)
  • 2nd Prize: Barseg Tumanyan (USSR)
  • 3rd Prize: Sergei Martynov (USSR)
  • 1st Prize: Natalia Erasova (USSR)
  • 2nd Prize: Barbara Kilduff (Japan) and Ana Felicia Filip (Romania)
  • 3rd Prize: Maria Guleghina (USSR)
  • 1st Prize: Hans Choi (USA)
  • 2nd Prize: Boris Statsenko (USSR)
  • 3rd Prize: Oleg Kulko (USSR) and Wojciech Drabowicz (Poland)
  • 1st Prize: Deborah Voigt (USA)
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  • 1st Prize: Chen-Ye Yuan (China)
  • 3rd Prize: Mikhail Davydov (Russia) and Ho Gwan Su (China)
  • Grand Prix Winner: Hibla Gerzmava (Georgia)
  • 1st Prize: Marina Lapina (Russia)
  • 2nd Prize: Laura Claycomb (USA) and Tatiana Zakharchu (Ukraine)
  • 3rd Prize: Irina Gelahova (Russia)
  • 1st Prize: Besik Gabitashvili (Georgia)
  • 2nd Prize: Evgeny Nikitin (Russia)
  • 3rd Prize: Alexander Kisselev (Russia)
  • 1st Prize: Mieko Sato (Japan)
  • 2nd Prize: Elena Manistina (Russia)
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  • 1st Prize: Mikhail Kazakov (Russia)
  • 2nd Prize: Andrej Dunaev (Russia)
  • 3rd Prize: Kim Don Seub (Korea)
  • 1st Prize: Aitalina Afanasieva-Adamova (Russia)
  • 2nd Prize: U Bisia (China)
  • 3rd Prize: Anna Samuil (Russia)
  • 1st Prize: Alexander Tsymbalyuk (Ukraine)
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  • 3rd Prize: Maxim Paster (Ukraine)
  • 1st Prize: Albina Shagimuratova (Russia)
  • 2nd Prize: Olesya Petrova (Russia)
  • 3rd Prize: Marika Gulordava (Georgia)
  • 1st Prize: Jongmin Park (South Korea)
  • 2nd Prize: Enkhbatyn Amartüvshin (Mongolia)
  • 1st Prize: Sunyoung Seo (South Korea)
  • 3rd Prize: Elena Guseva (Russia)

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Young Economist of the Year Essay Competition results

  • September 7, 2020

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The Royal Economic Society recently held its annual Young Economist of the Year Essay Competition in association with the Financial Times. The RES invited year 12 and year 13 A-Level students to submit an essay of up to 1,500 words on one of five topics ranging from HS2 to climate change. The winner, with the best overall essay, will win £1,000 and have their essay published in the Financial Times. There will also be five prizes of £200 awarded for the best essays in each topic.

The Royal Economic Society’s Young Economist of the Year Essay Competition is now closed for 2020. We would like to thank everyone who participated as we received thousands of excellent submissions. Our judges are currently marking the essays and we will be announcing the winners on our website during early October. You can read more about the competition here .

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  1. Young Economist of the Year

    The competition aims at encouraging Year 10 - Year 13 students (in England and Wales, or equivalent in Scotland and Northern Ireland) to produce their own ideas in analysing contemporary economic problems facing the UK and the world. Stay tuned to find out about our 2024 competition, and sign up to the Discover Economics newsletter here!

  2. RES Young Economist Essay Competition Guidelines 2021

    The RES Young Economist of the Year competition 2021 aims at encouraging year 12 and 13 students (studying for A-Level, International Baccalaureate (IB) or Scottish Highers qualifications who either normally reside or are studying in the UK) to produce their own ideas in analysing contemporary economic problems facing the UK and the world.

  3. Winners of the Young Economist of the Year 2021

    October 4, 2021 Each year the Royal Economic Society asks Year 12 and 13 students to submit an essay for The Young Economist of the Year Essay Competition, with this year's competition open to those studying A-Level, International Baccalaureate (IB) or Scottish Highers qualifications.

  4. Royal Economic Society on LinkedIn: #essaycompetition #economics

    We are pleased to announce the winner of the 2021 Young Economist of the Year competition is Marc Kadir. Marc's essay, 'Will the legacy of COVID be an… Royal Economic Society on LinkedIn: # ...

  5. FT Schools competition: Young Economist of the Year

    Details/registration here. School students across the UK in years 12 and 13 are invited to enter the Young Economist of the Year competition run by the Royal Economic Society in association with ...

  6. PDF 2021 Essay Competition Starter Pack

    surveillance, Economic outlook, analysis and forecasts, Monetary and financial issues, Public finance and fiscal policy, Regulatory reform and competition policy, Labour markets, human capital and inequality, Productivity and long term growth and Economic policies to foster green growth from 1983-2021 Royal Economic Society COVID-19 Resource ...

  7. Young Economist of the Year

    Authors of all the shortlisted essays are colloquially regarded as "Winners of the Young Economist of the Year" and have their names and school affiliations published on the Royal Economic Society's website. Since 2023, the competition has been sponsored by the Big Four accounting firm KPMG. See also. List of economics awards

  8. PDF 2021 LSESU Economics Essay Competition

    starting university this year. Singaporeans who are full-time national servicemen who have completed their pre tertiary education are also eligible. Entrants can be of any nationality and studying in any country. - G U I D E L I N E S - Submit your entry by 8 August 2021 23:59 GMT+1 via the official entry form.

  9. Student Essay Competition

    The 2021 Dorian Fisher Memorial Prize Results The IEA is delighted to announce the results of the 2021 Dorian Fisher Memorial Prize.The first prize of £500 went to Marcella Impelliziere Licastro from Curitiba International School in Brazil, while the three runner-up prizes of £250 each went to Melinda Zhu (Westminster School), Max Foden-Ellis (Royal Grammar School, High Wycombe), and Adi ...

  10. Royal Economic Society

    The Royal Economic Society ( RES) is a professional association that promotes the study of economic science in academia, government service, banking, industry, and public affairs. Originally established in 1890 as the British Economic Association, it was incorporated by royal charter on 2 December 1902.

  11. Young Economist of the Year Competition launches for 2021

    The 2021 competition is open to all year 12 and year 13 (S5 and S6 in Scotland, years 13 and 14 in Northern Ireland) students studying for A-Level, International Baccalaureate (IB) or Scottish Highers qualifications who either normally reside or are studying in the UK. Students do not need to be studying economics to be able to enter.

  12. Economics Essay Prizes

    An annual essay competition for Year 12 and 13 A-Level students held by the Royal Economics Society in conjunction with the Financial Times. The competition has five prizes, with one awarded for the best overall essay and a further five for the best essays within each category. Reopens in Spring of every year.

  13. The Monetary Policy Essay Prize

    The Monetary Policy Essay Prize is a prestigious award for the best essay on a topic related to monetary policy in the UK or abroad. The prize is open to students, researchers and professionals who want to contribute to the debate on the role and future of central banks. The winner will receive £2,000 and the opportunity to present their work at the IEA. The deadline for submissions is 31st ...

  14. Essay Competition Results 2023

    Essay Competition 2023 Results We received over 750 eligible submissions this year, with each one being hand-read and marked by our panellists at the University of Cambridge. Overall, we were thoroughly impressed by the quality of the responses to some of the most challenging questions in the competition's history.

  15. The Queen's Commonwealth Essay Competition

    The Queen's Commonwealth Essay Competition (QCEC) is the world's oldest international writing competition for schools and has been proudly delivered by the Royal Commonwealth Society since 1883. ABOUT THE COMPETITION

  16. MAS-ESS Essay Competition 2021 Winners

    MAS-ESS Essay Competition 2021 Winners. 28 April 2021 12:00:00 AM. Share; ... Click here for the essay. ESS Secretariat Economic Society of Singapore c/o Department of Economics. National University of Singapore 1 Arts Link Singapore 117570. Tel: (65) 6773 2913. Fax: (65) 6775 2646.

  17. Winners of the Young Economist of the Year competition 2022

    Each year the Royal Economic Society asks Year 12 and 13 students to submit an essay or report for The Young Economist of the Year Essay Competition, with this year's competition open to those studying A-Level, International Baccalaureate (IB) or Scottish Highers qualifications.

  18. Economic Manuscripts: Preface to A Contribution to the Critique of

    Source: K. Marx, A Contribution to the Critique of Political Economy, Progress Publishers, Moscow, 1977, with some notes by R. Rojas. I examine the system of bourgeois economy in the following order: capital, landed property, wage-labour; the State, foreign trade, world market. The economic conditions of existence of the three great classes ...

  19. Prizewinners

    In this section, you will find all necessary information about the past Prizewinners of the Competition including the full list of laureates from the XV International Tchaikovsky Competition.   A life-changing experience   There is no doubt that winning a prize at the International Tchaikovsky Competition helps a career in an incomparable way. Most of the Competition's past ...

  20. Young Economist of the Year Competition 2022 is officially open

    The Royal Economic Society invites students from year 12 and 13 to create a report or essay on one of four selected questions by 10 July 2022 at 23:59pm. The Young Economics of the Year Competition is our annual student-based competition, to encourage students to think about current economic issues and promote the study of economic science.

  21. The Tchaikovsky Piano Competition in Moscow

    Alexei Chernov is such a different personality but grand and magnificent in an entirely different way. He reminds me on occasion of Grigory Sokolov who won the Third Tchaikovsky Competition at the age of 16 in 1966. Emil Gilels who headed the jury gave him a standing ovation - an unprecedented gesture by a jury member before or since.

  22. Young Economist of the Year Essay Competition results

    The RES invited year 12 and year 13 A-Level students to submit an essay of up to 1,500 words on one of five topics ranging from HS2 to climate change. The winner, with the best overall essay, will win £1,000 and have their essay published in the Financial Times. There will also be five prizes of £200 awarded for the best essays in each topic.

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    Вестник Московского университета. Section: Sociology of Journalism. This paper presents the results of a research into the media systems of modern million cities in the context of major demographic, economic and socio-cultural characteristics of regions and endogenous media properties of print publications.